Ffastfill Share Discussion Threads

[bugs bunny] 30/4/2007 13:19

A couple of big trades gone through......Both put down as Sells after weeks of small sells.

Lets hope Nortrust pick the up stock before the results and before the forthcoming dilution which would see there % holding shrink and make it difficult for them to put pressure on KT and the board to release the true value to shareholders.

[bugs bunny] 25/4/2007 14:56

LISTEN!!!!!

Very carefully.....

Yes...... I can hear a distant buggle.

I can hear the last post for KT and FFA.....

[groin] 23/4/2007 13:12

Sadly in our case it is to the sound of the death march instead of wedding bells!

[bugs bunny] 23/4/2007 12:11

Always the bridesmaid and never the bride because they are one of the Ugly sisters.

Groin,
You should have continued with:
"There was I waiting at the church, waiting at the church..."

[groin] 21/4/2007 10:05

EAS gone, PTS going?
FFA: Always the bridesmaid, never the bride!

[bugs bunny] 20/4/2007 15:45

Looks like PTS days are now numbered after the AGM results and resolutions 10 and 11 defeated.

[bugs bunny] 18/4/2007 16:07

It's good to see our sector is becoming in vogue now with PTS and RYB leading the way.....It's a shame we are being overlooked.....But with KT and the boards track record..... it's hardly surpising with there inability release value from FFA for it's long suffering small holder's.

We need a fresh injection into FFA...........Hopefully Nortrust will take up the challenge/opportunity. They certainly would have my vote and support in any move they would decide to make to improve the company.

[ffastfill] 13/4/2007 17:16

if it is a purchase it is better than a simple plain old cash call, then again depends if/who they are purchasing.

[bugs bunny] 13/4/2007 10:30

KBC just gone down...... another fall on the way down too or around the issue price of discounted share price and a further dilusion of approx 1/3

As for the money to be raised......all I can see it being used for is a purchase. I have no evidence or heard anything.....I just went back over the last 3yrs and looked for anything that looked simular to today.

All will be revieled in May/June.

[cheque] 11/4/2007 13:17

'The funds required by the Company should be secured soon. Chairman Keith Todd has worked hard to turn the company around..'

haven't we heard that all before ?

[emergin] 10/4/2007 13:53

Pre-Close Statement 2006/7 The company plans on issuing its results at the end of May, the company expects to report financial results for the year to 31 March 2007 broadly in line with market expectations despite the short term operational impact of the recently terminated talks with a potential offeror. The company finished the year with a significantly increased order book for the next twelve months.

The key is that the company has an increased order book.. The funds required by the Company should be secured soon. Chairman Keith Todd has worked hard to turn the company around..

[bobbystar99] 05/4/2007 22:03

it depends who you are looking to deal with and who the suspected courters are... some institutions/companies/ISV's don't have the best of working relationship and will hold off progressing.

Especially important in this industry because the actual number of competitive companies is so small.

But then, that's as speculative as everything that everyone else has written.. with possible exception of the clone wars! :)

[groin] 05/4/2007 13:34

I think your there or there abouts Bugs.
Now lets just think what the results statement is likely to say:
"We were going great guns, you wouldn't believe how well we were doing and then all of a sudden came January 4th. A day that will go down in infamy. We were knocked completely off kilter, people running here, there and everywhere as we did a fantastic, heroic job in defending your company from the evil preditor that had it's mean, clever little eyes on us."
"As a result we didn't get thing done during the six weeks of hand to hand fighting with the dark side. Attack of the clones had nothing on what we had to contend with, it was ugly through and through. I have to thank the loyal members staff, some who were traumatised by what they went through and witnessed. The body count by the water cooler is still being addressed even now."

[bugs bunny] 05/4/2007 09:20

In all its very good trading statement..........But it's gone down like a lead balloon.
After all we do have another cash call on it's way and another share dilusion to look forward too.


FFastfill sees FY in line with market hopes; ends yr with higher order book


LONDON (AFX) - FFastFill PLC said it expects full-year results broadly in
line with market expectations despite "the short-term operational impact" of
recently abandoned merger talks.
The software company said it ended the year to March 31 with a significantly
increased order book for the next 12 months.
Chairman Keith Todd also said FFastfill has seen very strong growth in its
core business over the past year.
The company will issue its results for the year to end-March at the end of
May.


Can anyone explain what does this mean: "the short-term operational impact" of
recently abandoned merger talks.

How can 6 weeks??? of talking behind closed doors effect the operations at FFA....

Were we paralysed and unable to operate for the that short time and we lost revenue that would have been incorperated in the next set results?????

[mach10] 02/4/2007 20:54

Looks like a slow drip down. I too think a placing at 5p is on the cards.Maybe there is end of year selling pushing this down as I think the share price movement makes no sense. Wonder when the directors will put their hands in their pockets again or are they waiting to suscribe to a placing? 6p is ticking closer.

[bugs bunny] 02/4/2007 15:39

I think that is clouding of our horizon is all well known about in the city and it's not going down too well and thats why we are seeing the rapid fall in the share price

KT and the board are now walking on thin ice and The city has been run out of Patience.

[cheque] 02/4/2007 14:43

Development and design costs are too high with respect to the price customers are willing to pay for the managed service. anyone who has looked at this model can see that.

[groin] 02/4/2007 14:33

Cash call, poor figures, who knows?
One thing is for sure, that as per bloody usual we, the shareholders, will be last to find out.
I like your theory Bugs and can see us heading right back to where we began on January 2nd.
Momemtum has been lost and some sort of trouble is clouding the horizon that not even contract wins can dispell it.

[bugs bunny] 02/4/2007 14:23

I did some workings out over the weekend and going back over FFA movements from the past before cash calls and from my figures it's my belief we will be looking at a share increase of 63 million share and a cash call at 5p to raise £3.15 million.

From the lastest movements and watching KBC it looks like they having problems raising interest in the fund raising.

Today we have seen other MM's moving down as they in the know and realise that KT is having problems raisng the money or being scr..ed down on the issue price of the new shares

I beleive if FFA do manage to raise the money it will be announced just after the results come out in May or they might delay it to june.

Note! On the day of the last announcement KBC opened down a quarter...They would have informed of the annoucement....There movement said more than words.

If a cash call is in progress lets hope Nortrust are involved.....If not they would see there % cut by a 1/3 and further away from the 10% they would need to be able to turn this ship around.

[bugs bunny] 02/4/2007 11:22

Could somebody tell KBC.

[emergin] 02/4/2007 10:46

FfastFill is continuing to engage with and sign up new customers, such as the
contract with Natexis Commodity Markets which was announced on 27 February 2007, and New client win 30 March FFastFill signs Calyon Financial for its Application Service. This should be the fist step of many that will move the company forward.

[groin] 30/3/2007 15:26

Cheque,
Do you mean that they would have to land 100 of these type of contracts to be of any use?
If that's the case, given the rate at which we are landing them, I will be well on my way to the pearly gates before we reached anywhere near that number.

The very sick share price is telling us a very different story to the 4 contracts in 3 months company they would have us believe. I am pleased they have won something but the reaction i.e selling, is saying to me we have a ice berg situation.
It looks fine and dandy at the top but below the water there is something they are not talking about and the market knows it.
We are at the year end now and the most telling feature is that the comapany's own broker is marking them down, even in the face of what looks like good news.
It's a great shame that the momentum has been lost and the bidder walked away. I held Ferranti when GEC where sniffing around them, Lord W corectly decided to walk away and then waited a few months and bought the bits he wanted from the receivers for a pittance.
Now I am not for one minute implying that FFA are facing the same difficulties, why would Caylon sign if that was the case, but the ex-bidder must be laughing their socks off at being told to go away and then see the price collapse as they did so.
If they came back with an aggressive stance and appealed directly to the shareholders, I think they would get the company without too much difficulty.
The bid got the price out of it's 3-5p trading range and the failure is sending us right back down there again. The board may think FFA are worth more but market clearly doesn't.
A bid at 8-9p would probably clinch it and then we could all move on.

[cheque] 30/3/2007 11:14

there is no mention to the extent of this contract whether it is a DR/Back Up service or actually the new front line system. My guess is the former and is worth a nominal yearly charge. these types of deals x100 and then we are looking good.

[bugs bunny] 30/3/2007 11:08

This contract is a very good signing and to have Calyon onboard should have done something to boost the share price

I am now certain there is going to be a CASH CALL and the subsequent DILUTION.